more then 250K capital gainthe first 250,000 capital gain will be tax at 50% only, as usualy. The amount exceeded 250K will be tax at 66,67% (so, mean 16,67 % more then before) and only for your federal income tax . Lets say that an insider received shares as a salary , its normal that each year some of them sell those shares they received mainly as a salary (bonus). In Qubec, for 350,000$ capital gain, now, your going to paid on 16,670$, more ''federal income tax'', meaning for each 100,000$ exceeding 250K, your going to pay around 3000$ to 4,000$ more in tax, WOW! poor you. (This measure dont work in provincial tax, only in federal, and much of your tax are going to Qc, far less to Can.). So, people who have to declare more then 250K capital gain will freak out! Really? Imagine, you make 350K gain and your going to pay, now, 3000$ to 4000$ more, if you sell on the hurry at 84$, lets counting before you make the move how much you going to lose if the share price goes to 86$ and more...2nd: this is a law from a governement who s going to lose the next election. 3rd: the Conservator will change it as soon they take power...so, 1st, you dont lose to much money (650K gain = 650K-250K = 400K X 16,67% more = 12,000 to 15,000$ to be paid to Trudeau more then before, WOW ! and, if you sell at the present price and it reach 86$ and more, your loosing money.... for me, my 0,05$ tought, its a bad move, a very bad move! and this law will be history very soon.... unfortunataly, my capital gain dont alloud me to do those maths, but even at 1,000K gain I will still stay long...lol!